A week after
announcing it was ‘temporarily’ ceasing operations, leaving 1,000 pax stranded,
SkyGreece Airlines has told the Canadian Transportation Agency that it is
filing for bankruptcy.
The airline had
until 5 p.m. yesterday to respond to a preliminary
ruling from the CTA that it had failed to meet its contractual obligations
to its passengers. The document was sent from Ernst & Young Inc, the
proposed trustee for the bankruptcy proceedings.
In a news
release sent out last week, SkyGreece blamed the ongoing financial crisis in
Greece for its woes.
“In spite of
the resulting immediate and dramatic reduction in ticket sales, the Company’s
founders have worked tirelessly to maintain scheduled service,” the release
stated. “Unfortunately, as a result of recent technical issues, the Company is
now facing a system-wide multi-day delay and significant additional expenses.”
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